Himalayan Bank declared to 26 percent dividend

Oct Thu 2021 02:12:23

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Himalayan Bank declared to 26 percent dividend

Kathmandu. Himalayan Bank Limited has proposed to distribute 26 percent dividend to the shareholders. It has proposed to distribute a total of 26 percent dividend by paying 21.36 percent bonus share and 4.64 percent dividend.

This proposal will be received by the shareholders after the approval of Nepal Rastra Bank and the approval of the next general meeting of the company. A meeting of the company's board of directors held on September 8 proposed to distribute the dividend.

As the company and Nepal Investment Bank are in the process of merging, the share trading of the company has been stopped. Currently, the company's paid-up capital is Rs. 10.64 billion. The company has proposed dividend on the basis of the same capital.